1020 NE 16th Ter, Fort Lauderdale, FL 33304
- Sqft
- 1,104
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Redevelopment opportunity in the heart of Fort Lauderdale’s Lake Ridge neighborhood. This duplex sits on a 6,750 sq ft lot and is zoned RMM-25, allowing up to 25 units per acre with a maximum building height of 55 feet. Current use is a 2-unit duplex (2/1 + 1/1), providing immediate rental income while planning future development.
Ideal for developers and investors, this site can support three townhomes or explore potential density bonuses with affordable/workforce housing programs. Located just minutes from Las Olas, Downtown, and the beach, Lake Ridge continues to attract new construction townhomes and multifamily projects. *Buyer to verify all zoning and density requirements with the municipality
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Square feet
- 1,104
- Year built
- 1951
Utilities
- Heating
- Wall furnace
- Cooling
- Wall/window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $7,278
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MIAMI REALTORS MLS MLS®#: A11874270 Last checked: …
